Inflation data sent US indices slipping
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Dear Phan, | US inflation data surpassed expectations last week. Making matters worse, further pessimism that the Fed's rate hikes will end sooner than expected caused major US indices to fall. | The S&P 500 and Nasdaq recorded their worst weeks of 2023, losing 2.7% and 3.4%, respectively. Trade now! | The Dow suffered a fourth-straight losing week and hasn't performed this badly since September 2022. | Will today be the day they bounce back? | | | |
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